SPDR S&P 500 ETF TRUST
Short
Updated

Short - SPY

588
Price testing the neckline - yellow line at ~$588.20

Elliot Wave 12345 ABC: Wave 5 completed. Expect for Wave A

Support line to enter put: ~$582.15

Put option expiration 5/23/25 or 5/27/25

PT1: ~$569.20
PT2: ~555.80


Trade active
PT1 hit: ~575
Trade closed: stop reached

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